Kundapura: A court in Kundapura has imposed a fine on an accused in a cheque-bouncing case involving Mahalaxmi Co-operative Bank, according to a report on October 12, 2026.
The case concerns Puneeth Kumar and the co-operative bank. However, the complete details of the court’s order, including the fine amount and the circumstances surrounding the cheque’s dishonour, could not be independently confirmed from the accessible report.
Cheque-bouncing cases are commonly dealt with under Section 138 of the Negotiable Instruments Act, which provides a legal remedy when a cheque is dishonoured for reasons covered by the provision and the required legal conditions are met.
The exact findings and directions in this case should be confirmed from the full report or court order.